NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) Sees Strong Trading Volume – Time to Buy?

Shares of NYLI FTSE International Equity Currency Neutral ETF (NYSEARCA:HFXI) saw strong trading volume on Monday . 576,990 shares changed hands during mid-day trading, an increase of 341% from the previous session’s volume of 130,743 shares.The stock last traded at $26.84 and had previously closed at $26.63.

NYLI FTSE International Equity Currency Neutral ETF Trading Up 1.0 %

The company’s 50 day moving average is $26.98 and its 200-day moving average is $26.97. The company has a market capitalization of $591.58 million, a P/E ratio of 13.81 and a beta of 0.74.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. FMR LLC raised its holdings in NYLI FTSE International Equity Currency Neutral ETF by 349.8% in the third quarter. FMR LLC now owns 3,999 shares of the company’s stock worth $111,000 after buying an additional 3,110 shares during the last quarter. Comerica Bank raised its holdings in NYLI FTSE International Equity Currency Neutral ETF by 18.2% in the first quarter. Comerica Bank now owns 5,684 shares of the company’s stock worth $153,000 after buying an additional 877 shares during the last quarter. Covenant Asset Management LLC raised its holdings in NYLI FTSE International Equity Currency Neutral ETF by 5.2% in the third quarter. Covenant Asset Management LLC now owns 8,967 shares of the company’s stock worth $248,000 after buying an additional 447 shares during the last quarter. Dynamic Advisor Solutions LLC raised its holdings in NYLI FTSE International Equity Currency Neutral ETF by 12.0% in the third quarter. Dynamic Advisor Solutions LLC now owns 11,532 shares of the company’s stock worth $319,000 after buying an additional 1,235 shares during the last quarter. Finally, D.A. Davidson & CO. raised its holdings in NYLI FTSE International Equity Currency Neutral ETF by 45.4% in the third quarter. D.A. Davidson & CO. now owns 27,534 shares of the company’s stock worth $761,000 after buying an additional 8,594 shares during the last quarter.

NYLI FTSE International Equity Currency Neutral ETF Company Profile

The IQ 50 Percent Hedged FTSE International ETF (HFXI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap companies located in developed nations outside of North America, with roughly half of its foreign currency exposure hedged to the USD.